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For buyers, establishing strong relationships within these social circles can significantly influence their purchasing decisions. Strong ties with factory representatives enable buyers to gain insights into production capabilities, lead times, and the availability of materials. This exchange of information often leads to more favorable terms and conditions when negotiating contracts.
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4. Brand Reputation Well-established manufacturers often charge more due to their reputation for reliability and quality. While opting for cheaper, lesser-known brands might save costs upfront, it can lead to higher expenses in the long run due to potential reliability issues and the subsequent need for replacements.
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